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HomeCOINSWhat Is Ramestta? (RAMA) Complete Guide Review About Ramestta.

What Is Ramestta? (RAMA) Complete Guide Review About Ramestta.

What Is Ramestta?

For public Blockchain, Ramestta Coin Network is a scalability solution. Ramestta aims to address scalability and usability concerns while maintaining decentralization, security, and the ability to leverage the existing developer community and ecosystem. Ramestta Network is an off/side chain scaling solution for existing platforms that provides.

DApps and user functionalities with scalability and a better userexperience. Ramestta Network, is a scaling solution that seeks to give several methods to boost the speed of transactions (70,000 TPS) on blockchain networks while also lowering their cost and complexity.

Ramestta Coin Storage Key Points

Coin BasicInformation
Coin NameRamestta Coin
Short NameRAMA
Circulating Supply
Total Supply1,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Solution

  • Ramestta (RAMA) – a protocol and a framework for building and connecting EVM-compatible blockchain networks.
  • One-click deployment of preset blockchain networks
  • Growing set of modules for developing custom networks
  • Interoperability protocol for exchanging arbitrary messages with EVM and other blockchain networks
  • Modular and optional “security as a service”
  • Adaptor modules for enabling interoperability for existing blockchain networks

Features

Ramestta (RAMA) has designed a novel Proof-of-Stake (PoS) mechanism for network security and economics. The Effective Proof-of-Stake (EPoS) reduces centralization and distributes rewards fairly to thousands of validators.

EVM Compatibility

Industry dominance, established tech stack, tools, languages, standards, enterprise adoption

Scalability

Dedicated blockchains, scalable consensus algorithms, custom Wasm execution environments

Security

Modular ”security as a service”, provided either by Ethereum or by a pool of professional validators

Sovereignty

Dedicated Ramestta Coin throughput/resources, fully customizable tech stack, sovereign governance

Interoperability

Native support for arbitrary message passing (tokens, contract calls etc), bridges to external systems

User Experience

Comparable to Web2, “zero-gas” transactions, instant (deterministic) transaction finality

Developer Experience

Equivalent to EVM, no protocol level knowledge required, no token deposits, fees or permissions

Modularity

High Ramestta customizability, extensibility and upgradeability, short time-to-market, community collaboration

Blockchain

As discussed in the previous section, The Network easily achieves a theoretical speed of up to $$2^{16}$$ transactions per second on a single side chain. In future, The Network is expected to be able to easily add more side chains to increase the total number of transactions on the Chain while using the same decentralized PoS layer.

Scalability

As discussed in the previous section, The Ramestta Coin Network easily achieves a theoretical speed of up to $$2^{16}$$ transactions per second on a single side chain. In future, The Network is expected to be able to easily add more side chains to increase the total number of transactions on the Chain while using the same decentralized PoS layer.

High Transaction Fees

Public blockchains have to maintain a certain amount of time lag between the production of adjacent blocks so as to ensure ample time for block propagation. Also, the block size needs to be small so as to ensure quick propagation of the block through the network. This entails that the
number of transactions in a particular block need to be fairly limited.

Build Your Own Decentrailized Apps on Ramestta

Ramestta is based on the Ethereum blockchain, which may be thought of as a global computer that is controlled by many different computers all over the world. Each contact with the blockchain necessitates a tiny transaction cost to reimburse the Ethereum operators – this is the Gas Fee. When the Ethereum blockchain becomes overburdened, the transaction fee rises in accordance with supply and demand.

Ramestta (RAMA) is an open-source project developed by a global community of collaborators or developers. It is an independent protocol and framework for constructing and linking EVM-compatible blockchain networks.

Vision

Ramestta Coin envision an open, borderless world. A world in which people and machines collaborate and exchange value globally and freely, without gatekeepers or intermediaries. A world in which communities thrive, unconstrained by artificial borders and archaic regulations. They will strive to empower everyone to effortlessly join this new, better world.